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To: cripplecreek
One of the things that continues to shock me is how even the most ridiculous suggestion, even if it's framed as a transparently sarcastic critique of Keynesianism, is embraced by the adherents of Keynes. During the last IQ2 debate, about the Obama jobs bill, Daniel MItchell made a passing reference to the economic growth rate of the early 1950s.

Which led to Mark Zandi, who supported the bill, to remark that the Korean War was a "form of stimulus."

So apparently, if we had had a nuclear war with Red China our economy would have been been in the stratosphere.

3 posted on 11/27/2011 5:36:33 AM PST by OddLane (If Lionel Hutz and Guy Smiley had a lovechild together, his name would be "Mitt Romney." -KAJ)
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To: OddLane

If Keynes were right our $15 Trillion debt should equal utopia.


10 posted on 11/27/2011 6:02:12 AM PST by csmusaret (The only borders Obama has closed is a bookstore.)
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To: OddLane
"..our economy would have been been in the stratosphere."

Yea, and not just our economy, but everything, including buildings, children, etc.

20 posted on 11/27/2011 7:33:48 AM PST by Designer (Nit-pickin' and chagrinin')
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